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Seattle & Northwest  + Apartments  | 

Two-Tower Seattle House Condo Development Site Sells for $60M

Canada’s Concord Pacific bought a half-block development site in downtown Seattle for $60 million. The 38,934-square-foot parcel is adjacent to Amazon’s HQ and planned for Seattle House, a mixed-use multifamily development, in a joint venture with HB Management.

The site at 2300-2350 6th Ave. in the Denny Triangle neighborhood, has a master use permit in place for roughly one million square feet of buildable space. Development plans include two 45-story residential towers reaching 465 feet tall. More than 900 residences are entitled, although the final count and mix of units could change. There are extensive amenity spaces envisioned on the rooftops and in the 12-story podium, plus an urban lifestyle-oriented retail slated for the building’s street level.

The seller and joint venture partner, HB Management, is a local developer and manager of downtown Seattle multifamily projects. Kidder Mathews’ Ross Klinger represented the buyer in the transaction, and Paragon Real Estate Advisors represented the seller.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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